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20110701
20110731
Search Results 0 to 11 of about 12 (some duplicates have been removed)
. it was believed they forged a partnership, but jon karl is in washington, and the speaker fired off a letter just before we came on the air tonight? >> reporter: that's right. the speaker and the president were on the verge of an historic deal that would have cut spending by $3.5 trillion, dealt with the debt crisis and raised that debt ceiling. now, the speaker has fired off this letter to all the members of the house, saying the deal, the talks are over. he says it has become evident that the white house is simply not serious about ending the spending binge. in the end, the speaker writes, we could not connect. i'm told this broke down over a disagreement over how much to raise tax revenues. >> and jon, you know it wasn't long after we learned that this letter was coming that the president said he was going to fire back then, too. here's what the president just said, we'll get your reaction herere >> we have run out of time and they are going to have to explain to me how it is that we are going to avoid default. and they can come up with any plans s at they want and bring them up here and we wi
situation. for the latest we begin with jon karl. jon, you broke the story of this framework late last night. this morning we were all told the leaders were going to inform their rank and file members of the details this afternoon, but hour after hour has gone by. the briefings haven't taken place, there's no final deal. >> the reason why it hasn't happened is because they have a few minor issues to be worked out. i'm told they are relatively minor issues. once that happens, the hard work happens, which is they have to convince enough rank and file democrats and republicans to support the bill to get it passed. a rare sunday on capitol hill. senators rushing to work and even rarer these days, the leaders actutually smiling. they finally have come together. congressional leaders and the president on a debt plan. it looks like this. a debt ceiling increase of up to $2.4 trillion. that's enough to last through the presidential election. agreement on up to $1.2 trillion in spending cuts over 10 years. a new congressional committee to recommend additional deficit reduction of up to $1.5 trillion.
they gotten in the way of her job before? would they get in the way if elected president? abc's jon karl has the doctor's note tonight and more on the controversy. jon? good evening. david.orter: good evening, well, here is the doctor's note that michele bachmann has released today. it comes from the in-house doctor here in congress and it gives her a clean bill of health. the letter from the top doctor in congress says bachmann has haha extensive evaluation. "your migraines occur infrequently. when you do have a migraine, you are able to control it well, with medication." the issue was first raised monday by the conservative daily caller website, which quoted anonymous sources saying bachmann frequently suffers from incapacitating headaches. today, she was still facing questions about the report. >> well, we released a statement on this issue, and the focus that i've had, again, is on the fact that as commander in chief, i'm going to make sure that we get our fiscal house in order. >> reporter: bachmann acknowledges occasional migraines. her campaign points out her packed schedule hasn't be
to business to break the impasse. abc's senior political correspondent, jon karl, has been on this story every step of the way. and he leads us off, once again, tonight. jon, good evening to you. >> reporter: good evening, dan. well, the house and the senate have spent the last 24 hours on a series of showboats on bills that have no chance of passing. but republican leaders say they're fully engaged with the white house. and have spoken with the president this afternoon to try to find a way to break the impasse. finally, signs of progress.. >> i'm confident and optimistic that we're going to get an agreement in the very near future and resolve this crisis. >> in spite of our differences, we're dealing with reasonable, responsible people, who want this crisis to end as quickly as possible. and i'm confident we will. >> reporter: you wouldn't know it by looking at what congress is actually doing. >> the american people are looking for a real solution. >> reporter: the house spent the day voting down the bill offered by senate democrats, even though the senate hadn't passed it yet. >> there is ab
. tea party republicans who have been blocking action. will it work? abc's jon karl on capitol hill tonight. tell us about it, jon. >> reporter: diane, this is john boehner's biggest test as speaker of the house. he's got to convince those tea party republicans to support his plan to raise the debt ceiling. john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partiers. "get your ass in line," he said. "i can't do this job unless you are behind me." that's the kind of talk that gets you guys in line? >> we are a team. we are about trying to move the country toward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partiers still just don't believe those dire warnings about government default. >> armageddodomidnight, august 3 is not simply the case. it is not true. >> reporter: just yesterday, vin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from the movie "th
side's rhetoric squares very well with reality. let's get some perspective now from jon corzine, former democratic governor of new jersey, before that a u.s. senator and ceo of goldman sachs. currently he runs an investment firm mf global holdings limited. also carli fiorina, advisor to republican senatorial committee. also former senior campaign adviser to john mccain and before that ceo of hewlett-packard. let me start with you carly. you heard those sound bites. it seems like ending the corporate jet tax hike would be uncontroversial, but it seems like some of your fellow republicans are drawing a hard line on any revenue-raising proposals whatsoever. do you believe we can make a dent without doing that? >> i think first of all with regard to the rhetoric of millionaires and billionaires, the problem is when you look at the fine print what democrats are really talking about is raising taxes on a family that makes $250,000. and if you're a nurse and a fireman raising two kids, you don't feel very wealthy right now. so i think that's the problem. the rhetoric doesn't match the reality.
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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